SMA Solar’s Q3 Net Income Soars to $82 Million, Up 256% YoY

In the quarter, the company's sales surged by 121.3% YoY to reach €558.46 million

November 10, 2023

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Germany-based solar energy equipment supplier SMA Solar Technology reported a net income of €76.94 million (~$82 million) during the third quarter (Q3) of 2023, a year-over-year (YoY) increase of 256% from €21.59 million (~$23 million).

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Gautamee Hazarika

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SMA Solar’s Q3 Net Income Soars to $82 Million, Up 256% YoY

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